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Adecco's Net Climbs 30%;
U.S. Profits Remain Weak

By

Martin Gelnar Dow Jones Newswires

Updated Oct. 22, 2003 7:47 p.m. ET

ZURICH -- Adecco SA Wednesday reported a better-than-expected 30% increase in third-quarter net profit, but continuing weakness in U.S. profits remained a worry at the world's largest temporary employment company.

Net profit jumped to &euro;104 million ($121.2 million) on tight cost control, beating market expectations of &euro;99 million. Adecco went through a restructuring that included job cuts last year.